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May 28, 2008 – Comments (11) | RELATED TICKERS: BOLT , MCO

Not enough of you are reading my greedy, capitalist blog The Fleabagger Portfolio! I know this because my recommendation is up only $0.49 since I recommended it. What have you people been doing the past 2 trading days? Read my blog, and tell all your friends to read it too! Do it now!

By the way, as an update in the ever-unfolding drama of my rapid-fire, quick-draw trading Roth IRA, I sold most of my BOLT (just before it went up 4%) and bought Moody's (MCO). Yeah, I know it's sleazy, but it's a bouncy kind of sleazy, and it is near one of its many bottoms. It seems to trade up 10-20% from these levels every two months or so, and it has a service (bond rating) that everybody hates, but nobody can get away from, much like a credit rating agency. I predict MCO does some serious butt kicking over the next 4-6 weeks.

11 Comments – Post Your Own

#1) On May 28, 2008 at 9:05 PM, GNUBEE (25.17) wrote:

Hey we're reading this aren't we?

I'll even Rec it for you, bring in some more traffic

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#2) On May 28, 2008 at 9:12 PM, IBleedConcrete (68.37) wrote:

So when I click on this link for example, it pays you money?

Stock Trading "Robot"...

Earns You $346.77 Per Week (Managing $1000 Capital). aff.

"Two Geeks From Miami Swear Under Oath Their Stock Trading Robot is Not Illegal!"

 

 

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#3) On May 28, 2008 at 9:29 PM, IBleedConcrete (68.37) wrote:

By the way could you explain your position on Moody's a little more.  They have negative net equity & several quarters of declining revenues.  I just don't see any upside from a valuation perspective.  (No offense intended of course.)

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#4) On May 28, 2008 at 9:39 PM, mandrake66 (86.40) wrote:

I think he's saying, yeah this company is awful, but the stock is volatile and it's sitting near one of it's oft-repeated lowpoints. He's probably right and I wish him luck, but I can't even bring myself to pick it in CAPS let alone in real life. It's not even a matter of valuation, the company doesn't even really have a reason to exist. It's ratings are clearly worthless.

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#5) On May 28, 2008 at 10:05 PM, abitare (35.89) wrote:

MCO this is madness!

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#6) On May 28, 2008 at 10:17 PM, Varchild2008 (83.74) wrote:

...I....Must....Read....Fleabagger...Portfolio....Blog

...I....Must....Read....Fleabagger...Portfolio....Blog

...I....Must....Read....Fleabagger...Portfolio....Blog

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#7) On May 29, 2008 at 12:13 AM, KenN513 (< 20) wrote:

I refuse to read your blog.  hehehe.

Especially this one.

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#8) On May 29, 2008 at 12:55 PM, FleaBagger (29.03) wrote:

Concretebleeder comment #1 - I don't know or care what ads Google is putting on my blog. I just know I want more money!

Concretebleeder comment #2 - MCO is not anything I want to be invested in in the sense of actual investing in a company. I just know that it seems to bounce between $35-45, and I bought it for $35, and the name seems almost strong enough to keep catastrophe from being figured into the share price (though I have an ex-coworker who lost a lot of money in solar stocks after he thought he had identified the "range" for them, and a lot of people probably thought the same thing about Worldcom's strong name). Oh well. That's what I'm doing in my Roth. I'm overdiscounting the future value of being patient and rational so I can string trade like a freewheeling son-of-a-biscuit.

So don't ask me what my thesis is for MCO. My thesis is buying for $35, crossing my fingers, and hoping it goes to $40 soon so I can sell for a ridiculous short-term profit in a non-taxable account. Dave Gardner has a pitch: read his pitch!

mandrake - I agree with everything you said, and I hate credit rating agencies so much that I hate MCO just for having a similar business model.

abit - you should know by now that I love madness! Bwa-ha-ha-ha!

Varchild - you have the right idea!

KenN513 - that's very independent for someone with an alphanumeric name. Is THX1138 your hero?

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#9) On May 29, 2008 at 4:21 PM, Tastylunch (29.28) wrote:

O bagger o' Fleas

nice write up on NDAQ, not sure I'm sold on NDAQ's immediate potential but I acquiesce to the better player.

you might want to tone down those google ads on your blog, they are a bit intense.

either that or move the blog archive  to the opposite aide from them, currently the ads makes your site hard and a touch annoying to navigate imo .

keep on keepin on. 

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#10) On May 29, 2008 at 8:05 PM, FleaBagger (29.03) wrote:

TL - I don't really want GA to think I'm ungrateful for the ads they're sending me, and since I can't hand-pick them, I'm afraid I might get worse ones if I pull the ones I have now (though the current batch do seem to be almost as bad as it gets, oxps and sharebuilder notwithstanding). Okay, I'll probably pull the penny stock ads when I'm no longer too busy/lazy to do the necessary legwork.

By the way, I don't expect NDAQ to go up as quickly as BOLT, or even MCO, so that's why I own it in a taxable account. I don't think it will reach a valuation where I feel the need to sell it - not within a year, anyway, and not without the underlying business improving still further, justifying the gain and rendering liquidation unnecessary. 

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#11) On June 25, 2008 at 11:53 AM, ahabswife (62.26) wrote:

This is my favorite part-

Spare your forehead the wrath of the palm of your hand. Buy NDAQ while it's still cheap.
 

 

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